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TRUST reports net income of $5.08 million at the end of 2016

2017-02-15

According to the financial statements of Trust International Insurance Company TRUST for the year 2016, Net profit after tax of the period reached 5,079,470 USD Compared with Net profit after tax 2,649,657 USD for 2015, a net increase in profit of 91.70%.Total assets of the company reached 144,214,025 USD compared with total assets of 109,435,854 USD at the end of year 2015, a net increase of 31.78%.Total liabilities of the company reached 93,634,881 USD compared with total liabilities of 61,670,809 USD at the end of year 2015, a net increase of 51.83%. Net ownership equity of the company reached 50,579,144 USD (Including Non-Controlling Interests of 4,898,957 USD) compared with total owner equity of 47,765,045 USD at the end of year 2015, a net increase of 5.89%.